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Jan 08, 2008 at 05:20 PM

Revaluing of tax depreciation

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Hi,

Our company was bought in 2005 and I now need to ?revalue? all our assets for tax depreciation to their Original book value and restart the Tax depreciation. We kept our SAP system, so the tax depreciation in still calculating like there was no sale. We have gone through 1 year and calculated the tax depreciation manually, so I need to post this somehow in SAP so that when I run the tax depreciation this year it knows the corrected starting value, the accumulated tax for year 1 (done manually), and the tax for year 2.

I tried to do a test in the test system by changing the depreciation start date, but the system indicated that any posting in the previous period wont be allowed. The previous period posting is not allowed per corporate standards.

I appreicate your help.

With regards,

Shiva